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Corporate updates and shareholders updates look full of promise. But the lack of news is frustrating. Several months since we have seen much news worthy activity. Hope that changes and the companies potential becomes reality.
We shall see
I bet if and when we get some orders with numbers the price moves up rapidly in to .30s with little resistance.
The company tends to release news in clusters.
Yes but moving in the correct direction on several fronts. We need some sizeable orders to make the balance sheet better. I believe we have a great product. I believe the market is huge. We shall see.
Another pathetic quarter... https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12477777
Thinking about buying a few shares. Already very loaded though. If I wait and buy them with everyone else I will be buying above .30 cents minimum. Once confirmed we have a product moving out the door in volume .30 will be steal.
That mysterious 50000 share bid was there again. Someone wants to buy below the ask. The update from the company with the poctures from the field was helpful. When they start announcing orders, the trading volume will come in and attract more nuuers. Jmo.
Starting to trade a bit, I suspect the offers are pretty thin. Good times ahead IMO.
Those field test pictures they sent out today are pretty awesome. Like they said, planting season is when distributors buy supply. That starts usually around March, depending on crop.
I am hopeful, I will jump on the band wagon as quickly as anyone,but it sure is dead right now. I think today's trade was the first trade for 2018.lol
Here's to a big year for GROG.
https://www.dropbox.com/s/2otvt50epv1ac0c/Cambodia%20Signing%20Ceremony%20Opening.mp4?dl=0
Well, I thought we would see activity this week. Many companies kinda hold news over the holidays as investors are not watching. I guessed that would have been true here. But no news this week. I was wrong. Positive is whoever was selling end of last year is done. Hope for some substantial PRs
Well, here we are 2018, q due in a couple of weeks. I am not a big fan of the extended periods of silence. But also would not appreciate fluff PRs. Hopeful we will be hearing more frequently from Grog in 2018 which will be accompanied by constantly higher volume. We shall see.
LOL. I think not.
Funny how when people are positive on a stock, it is presumed that they are IR folk and not just a shareholder who is invested because they like a company's business plan and/or product(s).
Just like a basher is either a disgruntled ex-employee or previous consultant-- IR or otherwise.
Holiday season is over after this long weekend. Hope to see news out of the company soon. Any news showing more orders/shipments would help this price big time.
GLTU
My hope is that they have been quietly working hard, walking through the extensive process of bringing their product to market. I do think that if ag pro works like I believe it does and management executes, 2018 should be a great year. Happy New Year to you and all grog IR employees.
Is spickspan the EMC IR guys? I had no idea.
Emerging Markets Consulting, LLC
Florida Office
15701 State Road 50, Suite #205
Clermont, FL 34711
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com
Yup, never know why someone might not be letting a few go. The company is not likely to put out news till the new year. I am not the least concerned. I do believe that 2018 will be a heck of a year for Grog. Merry Christmas to all.
From the real IR representative of grog.lol
If someone needs to sell, there is no demand right now
So out it goes on the bid.
Or to book a loss. But suggesting .o5 is laughable. When they start booking more revenue next year, 0.50 will be a low price.
A little volume today.
Rumbling will happen if more farmers and farming enterprises witness these type of increases in crop production...
CEOCFO: What is the range in yield increases you have seen in your field testing to date?
Mr. Kamolvathin: We have seen through our university studies anywhere from a 25% to 40% increase in yield. We have conducted field tests on various crops such as rice, banana, papaya, vegetables, coffee and corn.
We were particularly gratified to see a rice field test record an over 40% increase. There are many variables such as weather, soil conditions, pests and so on, but we have been more than pleased with the increases in production.We have been told by farmers in the field that just a 5%-10% increase would be cost efficient to decide on adopting AgraBurstPRO, so we are really happy to see a healthy improvement beyond that minimum range of increase.
GroGenesis Facebook page is pretty active. The posts they put up are pretty informative on all things "sustainable" and "organic".
https://www.facebook.com/GroGenesis/
Actually, GroGenesis looks like they are active on a lot of Facebook pages of a lot of different countries in agriculture. Looks like it may be part of a marketing initiative.
Love being referred to as a tough guy.lol if we are trying to use WWE metaphors, then I think anybody short will get a big back breaking SMACK DOWN in January, as the company announces more shipments. LETS GET READY TO RRUUUUMBLE
you'd have a valid point if there had been any real news releases EVER..
Good point. Insiders cannot buy because they DO have access to non public information. That explains that.
I will grab some before the new year. Good things coming. I suspect we will see more orders first of the year. I am going to be patient. Not worried, don't have to be tough just smart.lol
ok tough guys - looks like some offers out there. who's buying??
obviously management and insiders are not. they never do... why is that? maybe they know something you don't?? hmmm.
Sorry, SnS, for missing your post to me. Yes, I have noticed not just that day, but a number of times there seems to be a large buy order put in on the bid that stays there for part of the day and goes away if there is no trade at the bid after awhile. That could be someone who is trying to scare up a seller willing to sell at the bid and not at a price in the spread or at the ask. When he does not get a nibble, he cancels. The positive thing is that someone or a few people are interested in buying 30,000, 50,000 --the largest order I saw last month was 60,000--and have yet to get what they want.
Keeping things interesting. I, for one, want to see more news on revenue, orders, more distributors and so on. Right now, we are in an information void of sorts.
GLTU
If you ruled out being in a microcap because of a sketchy balance sheet, you would not ever be in a microcap. I look for honest management, no pumpy press releases, reasonable expectations, a reasonable path to revenue growth and profits, and a business plan that I personally like--sustainable agriculture is a real interest of mine, plus it is a growth industry.
BTW,have you noticed that the company posts on other Facebook pages --like Nigeria farming, South Africa, Malaysia? Countries the company has not announced distributors in. I wonder if they are preparing to announce more distributors in those countries or looking for distributors to contact them. Anyways, I follow them on Facebook in case there is a pattern developing.
GLTU
Most microcaps have weak balance sheets ...until they get better. Balance sheets are healed through revenue and keeping costs low relative to revenue. Cash flow positive eliminates the threat of dilution. High risk. High return. When, imo, it becomes obvious that a number or orders have come on, and they become profitable, this stock will be well above .50 imo.
Yes me to.
The potential here is great long term, and short term all they need is a few decent size orders to be cfp. Gltu
I would expect losses to continue for several more years... There will be continued dilution and borrowing as this is the only way the company can survive.
Whatever you do don't look at the Balance Sheet. It will burn your eyes..
I would expect revenue to start this coming year. Considering GROG has distribution north and south of the equator, next year could show building revenue quarter to quarter. If their product can improve crop production, it should not be too difficult to get farmers to do their own field test by buying AgraBurst for a part of their land. I am looking forward to the first planting season in 2018. January looks like the beginning
Did you notice the 30000 share bid at .15? Was up for an hour or so. Someone wants shares and tempting a seller with size. Imo
It has taken me five trades to accumulate 11000 more shares over the past week. With any real buying interest, GROG will pop. But I must admit that I wish I could get all I want in one trade instead of being worried about me moving the price up on my own buying.
Most of you know this... but the volume is tooooo low to adequately trade GROG. One needs to be a longggg term investor with this, and have a lot of faith and hope. It's on my Watch List.
The numbers are different alright!! yikes!!
Boiler plate paragraph in the filings of most microcaps does no bother me. The numbers are the only thing different between this statement and so many other microcaps that I have made money in.
Part of recent quarterly report...
GOING CONCERN AND MANAGEMENT LIQUIDITY PLANS
As of August 31, 2017, the Company had an accumulated deficit of approximately $5,311,425. For the three months ended August 31, 2017 and 2016, the Company incurred operating losses of $325,928 and $437,128 respectively, and used cash in operating activities of $356,202 and $136,862, respectively. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company recognizes it will need to raise additional capital in order to fund operations, meet its payment obligations and execute its business plan. There is no assurance that additional financing will be available when needed or that management will be able to obtain financing on terms acceptable to the Company and whether the Company will generate revenues, become profitable and generate positive operating cash flow. If the Company is unable to raise sufficient additional funds on favorable terms, it will have to develop and implement a plan to further extend payables and to raise capital through the issuance of debt or equity on less favorable terms until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful. If the Company is unable to obtain financing on a timely basis, the Company could be forced to sell its assets, discontinue its operations and/or pursue other strategic avenues to commercialize its technology.
Part of recent news article ...
For only the second time in the last century, the number of farmers under 35 years old is increasing, according to the U.S. Department of Agriculture's latest Census of Agriculture. Sixty-nine percent of the surveyed young farmers had college degrees — significantly higher than the general population.
This new generation can't hope to replace the numbers that farming is losing to age. But it is already contributing to the growth of the local-food movement and could help preserve the place of midsize farms in the rural landscape.
"We're going to see a sea change in American agriculture as the next generation gets on the land," said Kathleen Merrigan, the head of the Food Institute at George Washington University and a deputy secretary at the Department of Agriculture under President Barack Obama. "The only question is whether they'll get on the land, given the challenges."
The number of farmers age 25 to 34 grew 2.2 percent between 2007 and 2012, according to the 2014 USDA census, a period when other groups of farmers — save the oldest — shrunk by double digits. In some states, such as California, Nebraska and South Dakota, the number of beginning farmers has grown by 20 percent or more.
A survey conducted by the National Young Farmers Coalition, an advocacy group, with Merrigan's help shows that the majority of young farmers did not grow up in agricultural families.
They are also far more likely than the general farming population to grow organically, limit pesticide and fertilizer use, diversify their crops or animals, and be deeply involved in their local food systems via community supported agriculture (CSA) programs and farmers markets.
Today's young farmers also tend to operate small farms of less than 50 acres, though that number increases with each successive year of experience.
Quite for now. Hoping for some more sales.
Everyone have a great thanksgiving.
Thanks Guy. Perhaps you will be a little more optimistic after the next report when we see a significant upward bump. Sure there are other bio stimulants out there, but none I have seen with such high yield increases from filed tests and all organic non-GMO properties. I'm long term on GROG. This company only needs more time to develop buyers and then the share price will have HUGE growth potential.
umbaza - August 31 Q Earnings were posted mid October..
Negative Cash Flow from Operations = $350k for the quarter.. yikes.
you can see the carnage here..
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12326401
same can be said for all biostimulants out there..
The interview with ceo listed above addresses several key components that separate this company from others. This is a sample:EOCFO: Would you explain how AgraBurstPro works and what makes it different from other products on the market?
Mr. Kamolvathin: AgraBurst PRO is very unique in several ways. Obviously I am biased, but what separates our product from most inputs on the market is that it is a more effective multi-purpose delivery system for inputs and a pure source of food for microbiology. The solution is a plant-based extract which is carcinogen-free, biodegradable and non-toxic. Its application amplifies the plant's natural capacity to absorb nutrients through its own foliage while enhancing root development. Fertilizer applications are optimized which can result in reduced future input costs for the farmer. AgraBurstPRO also has a natural pest repellent component that contributes to the overall results. We strongly feel that AgraBurstPRO represents a fundamental component in the future of healthy farming.
Just google ‘organic biostimulant’ ...there are too many to list
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GroGenesis Inc. is an agricultural services enterprise offering food producers and turf groundskeepers a revolutionary, proprietary, all-natural, non-GMO nano-surfactant (AgraBurst PRO) which optimizes the plant's uptake of applied nutrients resulting in the enhancement of the health of the soil and crops. The non-chemical properties of AgraBurst reduces the potential harm to farm and landscape workers.
Field testing has generated data that valildates the product's efficacy and ability to INCREASE crop yields.
http://www.grogenesis.com/news/presentations
AgraBurstPRO Overview:
http://www.grogenesis.com/technology/agraburst
Industrial Hemp Production in US and Canada Offers Significant Market Opportunity for AgraBurstPRO™
SIOUX FALLS, SD, Nov. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GroGenesis, Inc. (GROG), a global pioneer in sustainable agriculture technology, announced today that the company has entered the industrial hemp cultivation market in the US and Canada with its broad spectrum, organic adjuvant, AgraBurstPRO™. Based on positive feedback from hemp growers, the company has identified industrial hemp as a significant new market for AgraBurstPRO™, an organic input which optimizes the uptake of any agricultural input applied to any plant. After conducting due diligence on the hemp industry and the prospects for the legalization of industrial hemp production in the U.S., the Company field tested AgraBurstPRO™ with hemp producers who were impressed by the positive results exhibited in the health of their plants, growth rate improvement and plant size enhancement.
Mr. Richard Kamolvathin, President and CEO of GroGenesis, said, “After completing numerous field trials with our partners to validate the effectiveness of AgraBurstPRO and its more efficient delivery of all applied inputs on any plant, including hemp, it became apparent that the industrial hemp industry in Canada, where hemp farming is already legal, and the probability that hemp cultivation will become legal in the U.S. soon, presents a lucrative market for GroGenesis. Recent control test reports from cultivators have strongly encouraged us to proactively target the hemp market -- a lucrative market to tap with the multitude of industrial uses, rapid growth rate to harvest and the yet-to-be-realized potential of CBD oil.”
Kamolvathin continued, “As an organic science company focused on the reduction of toxic chemical inputs into the environment, we believe it is important to identify and add new market opportunities in other viable market sectors that align with our core values and as we continue to commercialize our flagship product, AgraBurstPRO for agriculture. Our strategy is to apply the same business model that we have used in the past by developing business relationships with distribution partners that are in a specific market sector and provide the technical, manufacturing and marketing assistance, in addition to specific protocols, for our distributors to be successful under their own private level brand.”
Hemp, one of the fastest growing plants with a sixty-day growth cycle in many states, is cultivated for fiber, oil, and seeds which are subsequently refined into numerous products including wax, biodegradable plastics, resin, textiles, pulp, paper, rope, clothing, biofuel, animal feed, paint and hemp oil. In addition, the use of CBD oil is being researched on its beneficial effects for anxiety relief, anti-seizure, pain relief, anti-acne, food ingredients and promising potential for cancer therapy.
According to the Hemp Business Journal, the U.S. hemp industry’s sales in 2017 was $820mm, including $190mm for Hemp-Derived CBD products, $181mm for personal care products and $137mm for hemp food products. However, as legal and regulatory hurdles are removed and consumer knowledge on CBD oil develops, it is estimated that the U.S. hemp industry will grow at a 5-year Compound Annual Growth Rate (CAGR) of over 14% (2018-2022) to a $1.9 Billion dollar market by 2022. In Canada, over 100,000 acres of hemp was under cultivation in 2017 with significant increases in production forecasted over the next five years.
Mr. Kamolvathin concluded, “AgraBurstPRO, as an organic input, can be an integral part in the protocols for the production of food crops, flowers and turf, in addition to cash crops such as palm oil, tobacco and hemp. With the prospect of the legalization of hemp production in the U.S, there is a significant market opportunity for the agriculture industry in both Canada and the US. Both new and veteran hemp cultivators will be establishing their farming protocols that can include AgraBurstPRO, an input that enhances drought tolerance, disease resistance and crop yields. We look forward to positively impacting the industrial hemp industry in North America and internationally."
About AgraBurstPRO™
AgraBurstPRO™ is an organic, broad spectrum adjuvant which acts as an efficient delivery system for all applied agricultural inputs. Applied as a surfactant, AgraBurstPRO™ facilitates the rapid and direct absorption of inputs through the leaves and stems of a plant which results in the more efficient access of applied and available nutrients, resulting in less fertilizer required, improving drought tolerance and increasing crop yields. By optimizing the plant's uptake of applied pest and weed controls and fertilizers, food producers can minimize other input costs, reduce the health risk to workers and produce healthy food for farmers' families and consumers. AgraBurstPRO™ improves the natural health of all plants -- including food crops, trees, vegetables, grasses and cash crops such as tobacco, palm, flowers and hemp-- by dramatically stimulating the nutrient and water uptake in plants. The solution applied as a spray is a plant-based extract which is organic, non-toxic, carcinogen-free, biodegradable and safe for use in all soil conditions. Its application amplifies every plant's natural capacity to absorb nutrients through its own foliage while augmenting root development and soil uptake. Any agricultural input's performance is enhanced by integrating the application of AgraBurstPRO™ either separately or in an input manufacturer's original formulation--including fertilizers, herbicides and fungicides.
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an email to info@grogenesis.com.
About GroGenesis, Inc.
GroGenesis, Inc. is a sustainable agriculture technology services enterprise offering food producers a non-toxic proprietary, all-natural, non-GMO surfactant which enhances soil and crop health and reduces the health risk to farm workers due to its non-toxic properties. GroGenesis' flagship product, AgraBurstPRO™, is a non-toxic, concentrated agricultural input solution which enhances the ability of the plant to more efficiently use the added nutrients incorporated in fertilizers, resulting in less fertilizer required. The application of AgraBurstPRO™ can begin the process of improving the health of the soil while minimizing the use of conventional chemical agricultural inputs. For more information, please visit the Company's website at www.GroGenesis.com.
Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the development of our products, our limited financial resources, our ability to raise the working capital needed to fund the expansion of our current and future distribution commitments, our ability to retain key employees, our competitors' ability to develop better or less expensive alternatives to our products and the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of our Annual Report on Form 10-K for the fiscal year ended May 31, 2017, and in our other filings with the Securities and Exchange Commission.
Contact: GroGenesis, Inc. (605) 836-3100 info@grogenesis.com
_____________________________________________________________________________________________________________________________ Three distinct target markets for AgraBurstPRO Organic-certified
The most obvious market for AgraBurstPRO is the rapidly growing organic food industry. From 2005 to 2014, the organic sector grew from less than $14 Billion to $35 Billion. The U.S. organic industry continued its steady growth in 2016, with food sales increasing 8.4 percent to $43 billion. Considering that total food sales increased only 0.6 percent, the preponderance of the growth is in the organic sector. According to the Organic Trade Association in its 2016 Organic Industry Survey, organic food now accounts for 5.3 percent of all food sales in the US--alot of room to grow as consumer demand for organic food accelerates. Global sales of organic food totaled approximately $90 Billion in 2016 vs. $80 Billion in 2015.
Farmers who are already Organic-certified have an economic interest in maintaining that certification and, if possible, increasing their crop yields. By incorporating AgraBurstPRO in their organic protocols, farmers can realize higher incomes from the improved yields (Yield increases in field tests in Colombia, Cuba and Bangladesh have recorded increases in production from 15% to 40%). Field tests are currently being conducted in two states in the US for soybean and corn.
Conventional Farmers Considering Transitioning to Organic
This significant market includes farmers already committed to converting from conventional (chemical) farming to organic farming. But there also is an increasing interest from conventional farmers in adopting organic methods, but not willing to accept any decrease in yield. There is a growing number of conventional farmers that would abandon chemical inputs IF they could afford the 3-5 year transition time necessary to get their land "Organic--Certified". It takes years of NOT using chemicals to get to the point that a soil sample does not register any chemical residue--a requisite for Organic certification.
To date, this transition period was economically challenging because yields typically declined and the higher expected premium organic produce prices were not realized until after certification. With AgraBurstPRO, farmers converting to organic can "afford" to complete the process because of the higher yields . As noted previously, field tests have recorded yield increases ranging from 15% on coffee to over 40% on rice.
Conventional Farmers
Conventional farmers who want to continue using their current protocols always are driven to maximize their crop yields. The fact that AgraBurstPRO is organic AND increases crop yields substantially is a plus for these farmers. Although they do not care to become Organic-Certified, using a non-chemical input reduces the toxic work conditions inherent with andling chemical inputs.
Additional Non-food Markets
As a broad spectrum agricultural input, AgraBurstPRO is effective with any plant. Non-food crops that have been, or are currently, in field tests with AgraBurstPRO are flowers, cannabis, tobacco, turf, ornamental trees, coffee, cacao, palm (palm oil), corn, mangoes, banana, lawn/turf (golf courses, lawns and sports arenas) and pasture grasses.
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